Finance

Difference Between Private Equity and Hedge Fund

While many individuals prefer investing in mutual funds, stocks, and bonds, investors, on the other hand, strengthen their portfolio and venture in private equity and hedge funds. Both of these funds are classified under-investment forms that attract Limited Liability Partnerships or Company. However, despite having similar investor’s profiles, private equity and hedge fund remain to …

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Difference Between Accounting Concept and Convention

Accounting is vital in delivering a firm’s information to its stakeholders on its performance, position, and profitability for decision making. Notably, accounting concepts and conventions are employed in developing financial statements based on accuracy and consistency. While accounting concepts and conventions have a significant role in processing reliable and realistic financial information, the two terms …

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